At his death in 1904, the Ravenhill Mansion passed on to Anne Weightman who gave the estate to the Archdiocese of Philadelphia in 1910. Cardinal Dennis Joseph Dougherty of the Archdiocese would go on to grant the Mansion to the Religious of the Assumption. They opened a private girls' school there and named it Ravenhill Academy; it is best known for its most famous attendee, Grace Kelly. In 1982, the Philadelphia College of Textiles and Science, today known as Thomas Jefferson University, purchased Ravenhill Mansion and the school along with its surrounding 27 acres.
- "William Weightman Dead. One of the Largest Real Estate Owners in the Country". New York Times. August 26, 1904. Retrieved 2010-09-28.
William Weightman, popularly known as the richest man in Pennsylvania, and certainly one of the largest real estate owners in the country, died this morning at his Summer home, "Raven Hill," in West School Lane, Falls of Schuylkill.
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